There are many factors that attract real estate investors to Hua Hin.
The climate, long sandy beaches, good shopping options, the local & international restaurants and also coming to the night markets and its particular relatively huge discounts on houses and condos when compared with Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, it's also only 2 to 2.5 hours drive from Bangkok around the mostly multi lane highways.
The town's atmosphere - being royal and type of "low key" so people who can't stand active nightlife including in Phuket and Pattaya will find Hua Hin a refreshing alternative. Its proximity to nature, including Sam Roy Yod and Kaeng Krachang is also a major plus.
Hua Hin can also be progressively more "international" with English speaking hospitals, and supermarkets which sell a variety of local/foreign foods and goods. To help expand absorb new housing developments around town, there is also a requirement of improvements in areas like water supplies, sewage system, flood prevention system etc. Fortunately why these projects are common part of the election platform from the newly elected mayor of Hua Hin. Therefore, expect some improvements sooner to the rapidly growning beach town.
Hua Hin happens to be extremely popular amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch who're looking to purchase retirement and holiday homes.
There is also a large marketplace for Thai purchasers who see Hua Hin being a close weekend getaway from Bangkok and a very good chance of the purchase of an extra home.
One of many current trends could be the emergence of luxury villas here. Hua Hin used to give attention to low to mid-range properties between 2 -7 million baht, however, supermarket see many more new launches of luxurious villas and condominiums selling for over 15 million recently.
We have been also witnessing result-oriented forms of properties like serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. A lot of the customers are inside their 40s and 50s whilst still being working, thus they're able to only spend a few weeks of this year residing in their properties, but require some kind of rental income to take in the continuing maintenance costs and hopefully come up with a amount of extra cash to purchase the airfare and a lot poorer expenses. Thus, the very idea of renting out their holiday house is a really attractive choice for them the other that is certainly becoming an increasing motivation for foreign buyers to look to Hua Hin when purchasing Thailand property.
Maddy Barber could be the co-founder of Hua Hin Finder, a genuine estate agency specialising in Hua Hin property rentals, and also condo sales. The business has been finding homes for expats in Hua Hin, Thailand for more than Several years now and if you are looking to buy or rent a house with this serene beach town, just 2 hours drive from Bangkok, it will be here.
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